Catylist ID:
#30737027
| Catylist Listing ID: | 30737027 |
| Property Subtypes: | Flex Space, Industrial-Business Park, Light Industrial |
| Building Size (RSF): | 2,000 SF |
| Gross Building Area: | 8,000 SF |
| Gross Land Area: | 1.46 Acres |
| Sale Price: | $450,000 |
| Unit Price: | $225 PSF |
| Ceiling: | 14 ft. |
| Office SF: | 500 SF |
| Drive In Bays: | 4 Bays |
| Property Use Type: | Investment, Business |
| Usable Size (USF): | 2,000 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 90 |
| Last Updated: | 9/21/2021 |
Overview / Comments
|
Currently divided into 4 Suites Shop area Unit 1 - 3074 sq ft $500 per month Office & Shop Area Unit 2 - 1898 sq ft $800 per month Office & Shop Area Unit 3 - 2012 sq ft Vacant Office Unit 4 - 1451 sq ft - $1028 per month Located in Sandusky's Industrial Park Long Term Tenants |
Additional Details
| Nearest MSA: | Saginaw |
| County: | Sanilac |
| Submarket Type: | Other |
| Taxing Authority: | Sandusky |
| Tax ID/APN: | 32010500000200 |
| Zoning: | INDUSTRIAL |
| Highway Access: | M-46 - running east and west, north of Port Huron and Parallel to I69 |
| Airports: | Midland Bay City - 99 miles |
| Site Description: | Clean Industrial Park with Miscellaneous Commercial Uses |
| Area Description: | Michigan's Thumb Region East of Saginaw Servicing local businesses and community |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 2,000 SF |
| Property Condition: | Good |
| Year Built: | 1980 |
| Roof Type: | Other |
| Construction/Siding: | Block |
| Exterior Description: | Solid block construction with Metal Roof |
| Parking Ratio: | 10 (per 1000 SF) |
| Parking Type: | Surface |
| Parking Description: | Surface Parking |
| Eave Height: | 16 |
| Overhead Cranes: | Undisclosed |
| X-Phase: | 3 |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Lighting: | LED |
| Internet Access: | Cable |
| Interior Description: | Each unit designed differently for business type. Complete office Collision/Shop Repair with bays |
| Zoning Description: | Commercial - Industrial Park |
| Part of Planned Development?: | Yes |
| Lot Frontage: | 382 |
| Lot Depth: | 199 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Utilities |
| Legal Description: | Lot 2 Industrial Park |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,004 | 3,004 | 5,052 |
| Median Age: | 41.82 | 41.82 | 42.8 |
| Households: | 1,258 | 1,258 | 2,072 |
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